Canxium is a unique combination of three consensus algorithms to create a more stable and sustainable PoW coin, create a new demand-driven blockchain ecosystem, which follows the law of supply and demand, was popularized by Adam Smith in 1776.
Proof OFF Work (Offline Mining):
Miners can mine CAU completely offline, which is possible thanks to Canxium's unique mining reward mechanism.
Offline mining will encourage miners use untapped green energy sources.
Each CAU coin created, is proof of the work that miners have done offline.
Proof Of Demand (Decentralized Supply Control Mechanism):
When the demand for Canxium coin rises, the price of Canxium experiences an upward trend. This surge in price motivates miners to participate in the network leads to an increase in the network’s total mining difficulty.
The increase in total mining difficulty, results in the creation of more Canxium coins.
Conversely, when the demand for Canxium experiences a downtrend, the price of Canxium decreases. This price reduces leading to some miners exiting the network. The network’s total difficulty decrease, results in the creation of less Canxium coins.
This mechanism prevents oversupply and helps maintain the stability of Canxium’s ecosystem.
Proof Of Stake:
Anyone can become a validator of Canxium by staking 320 CAU.
Validators will be responsible for preserving the integrity of canxium, and verifying the offline transactions.
Validators will be rewarded with 15% of the mining rewards generated by offline miners.
Canxium is the next generation of PoW that ensures stability in market price through its demand-driven supply mechanism.
Canxium is a unique blockchain that works on a demand-driven supply mechanism which ensures its extraordinary stability.
The world first PoW coin has designed to have a stable mining cost.
Mine anytime, anywhere. Without the constant internet connection.
Canxium has a unique reward mechanism system after Hydro fork to ensures its reliability.
Contract creator have to paid at least 100 CAU per contract creation.
Timeline is subject to change.
- To encourage miners to participate Canxium, before switch to PoS in July, 2024, mining reward is fixed at 0.25 CAU per block: 0.1875 CAU to block miner, 0.0625 CAU to foundation funds.
- After completely switch to PoS, 70-75% mining reward for miners, 15% mining reward for validators, 10-15% for Canxium Foundation More Info
Canxium launched without pre-mine or private sale. So the funds required for the development and marketing of the project are taken from Canxium Foundation Funds.
Thus, we have successfully completed our first mission beyond expectations. It is time for us to take another step forward and present the next vision for Canxium, focusing on building a complete ecosystem and moving toward full decentralization of this blockchain.
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A new breeze is blowing over Canxium, marking the end of the project’s first phase and the dawn of a promising new chapter.
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We put together the daily stories posted on twitter here that will be easy to follow.
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In the world of cryptocurrencies, one significant hurdle is preventing the widespread adoption of cryptocurrencies as mainstream currency is high price fluctuations. High fluctuations in price make it impractical to use them as a daily medium of exchange.
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Canxium is an innovation in the crypto space and it has its own unique mechanisms. Many of its concepts are new and unknown to people. In this article, we are going answer some of the frequently asked questions about Canxium and the working of its mechanisms.
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Canxium is revolutionizing the blockchain industry with its unique approach to mining and commitment to creating a more sustainable and decentralized future. A key feature distinguishing Canxium from others is its innovative concept of offline mining. Canxium’s offline mining is a new concept never seen in crypto.
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In the advanced and ever-evolving world of cryptocurrencies, stability is a rare and highly valued feature. While many cryptocurrencies experience extreme price volatility, there is a rising demand for a less volatile coin that can be trusted for various use cases. Canxium (CAU) emerges as a shining example, offering stability and reliability.
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Canxium is a groundbreaking blockchain platform, that introduces a unique economic model which revolves around supply and demand dynamics. Unlike traditional blockchains with fixed supply or inflationary or deflationary mechanisms, Canxium adopts a demand-driven approach, where the total coin supply is determined by market demand.
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Built to keep your funds safe, be your own bank.
Canxium Network
Multiple tokens
Swap on Canxium Dex
Canxium is a Pow blockchain - a completely decentralized supply control mechanism and support offline mining.
Join our discord, several community mining pools you can join.
Exchanges can be found Here
In traditional mining, a miner must connect his equipment to the internet to interact with the blockchain network and validate transactions. However, Canxium’s offline mining takes a different approach. In simple terms, Canxiums’s offline mining enables miners to mine CAU without needing a continuous internet connection. With offline mining, miners don’t need to rely on centralized mining pools and internet connections. You can mine CAU from any place in the world with just your mining devices. More Info.
Canxium has no maximum supply. There is no limit set for the max supply of CAU. It adopts a demand-driven approach, where the coin supply is determined by market demand. The production of CAU will increase by increasing demand and vice versa due to its unique block reward distribution mechanism. But the key point is that the cost to mine one CAU is high, so miners can only mine CAU as per market demand. So there is no total supply limit for CAU, it has only a circulating supply which increases as new coins are mined.
The Hydro Fork will occur at block 4,204,800 to enable offline mining.
